Indigo Paints Limited

NSEI:INDIGOPNTS Stock Report

Market Cap: ₹51.4b

Indigo Paints Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Hemant Jalan

Chief executive officer

₹24.0m

Total compensation

CEO salary percentage100.00%
CEO tenure25.3yrs
CEO ownership28.8%
Management average tenure4.3yrs
Board average tenure10yrs

Recent management updates

Shareholders May Find It Hard To Justify Increasing Indigo Paints Limited's (NSE:INDIGOPNTS) CEO Compensation For Now

Aug 04
Shareholders May Find It Hard To Justify Increasing Indigo Paints Limited's (NSE:INDIGOPNTS) CEO Compensation For Now

Recent updates

author-image

Fiscal Measures Will Spur Consumer Confidence And Paint Demand

Governmental fiscal measures and completed manufacturing facilities aim to drive revenue growth and improve margins for Indigo Paints.

Indigo Paints Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 13
Indigo Paints Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Earnings Miss: Indigo Paints Limited Missed EPS By 12% And Analysts Are Revising Their Forecasts

Nov 10
Earnings Miss: Indigo Paints Limited Missed EPS By 12% And Analysts Are Revising Their Forecasts

Does Indigo Paints (NSE:INDIGOPNTS) Deserve A Spot On Your Watchlist?

Nov 09
Does Indigo Paints (NSE:INDIGOPNTS) Deserve A Spot On Your Watchlist?

Be Wary Of Indigo Paints (NSE:INDIGOPNTS) And Its Returns On Capital

Oct 17
Be Wary Of Indigo Paints (NSE:INDIGOPNTS) And Its Returns On Capital

Does Indigo Paints (NSE:INDIGOPNTS) Have A Healthy Balance Sheet?

Sep 06
Does Indigo Paints (NSE:INDIGOPNTS) Have A Healthy Balance Sheet?

Indigo Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 09
Indigo Paints Limited Just Missed Earnings - But Analysts Have Updated Their Models

Shareholders May Find It Hard To Justify Increasing Indigo Paints Limited's (NSE:INDIGOPNTS) CEO Compensation For Now

Aug 04
Shareholders May Find It Hard To Justify Increasing Indigo Paints Limited's (NSE:INDIGOPNTS) CEO Compensation For Now

Indigo Paints (NSE:INDIGOPNTS) Has Affirmed Its Dividend Of ₹3.50

Aug 01
Indigo Paints (NSE:INDIGOPNTS) Has Affirmed Its Dividend Of ₹3.50

Indigo Paints (NSE:INDIGOPNTS) Is Paying Out A Dividend Of ₹3.50

Jul 18
Indigo Paints (NSE:INDIGOPNTS) Is Paying Out A Dividend Of ₹3.50

Analysts Have Made A Financial Statement On Indigo Paints Limited's (NSE:INDIGOPNTS) Full-Year Report

May 25
Analysts Have Made A Financial Statement On Indigo Paints Limited's (NSE:INDIGOPNTS) Full-Year Report

Indigo Paints Limited's (NSE:INDIGOPNTS) Business Is Trailing The Market But Its Shares Aren't

Apr 04
Indigo Paints Limited's (NSE:INDIGOPNTS) Business Is Trailing The Market But Its Shares Aren't

We Ran A Stock Scan For Earnings Growth And Indigo Paints (NSE:INDIGOPNTS) Passed With Ease

Aug 01
We Ran A Stock Scan For Earnings Growth And Indigo Paints (NSE:INDIGOPNTS) Passed With Ease

Indigo Paints Limited (NSE:INDIGOPNTS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Feb 15
Indigo Paints Limited (NSE:INDIGOPNTS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Are Indigo Paints Limited (NSE:INDIGOPNTS) Investors Paying Above The Intrinsic Value?

Dec 12
Are Indigo Paints Limited (NSE:INDIGOPNTS) Investors Paying Above The Intrinsic Value?

We Think That There Are Some Issues For Indigo Paints (NSE:INDIGOPNTS) Beyond Its Promising Earnings

Nov 07
We Think That There Are Some Issues For Indigo Paints (NSE:INDIGOPNTS) Beyond Its Promising Earnings

CEO Compensation Analysis

How has Hemant Jalan's remuneration changed compared to Indigo Paints's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

₹1b

Dec 31 2024n/an/a

₹1b

Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹24m₹24m

₹1b

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹24m₹24m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹924m

Mar 31 2022₹14m₹14m

₹840m

Dec 31 2021n/an/a

₹743m

Sep 30 2021n/an/a

₹688m

Jun 30 2021n/an/a

₹741m

Mar 31 2021₹14m₹14m

₹709m

Dec 31 2020n/an/a

₹733m

Sep 30 2020n/an/a

₹690m

Jun 30 2020n/an/a

₹532m

Mar 31 2020₹9m₹9m

₹478m

Compensation vs Market: Hemant's total compensation ($USD280.54K) is about average for companies of similar size in the Indian market ($USD368.12K).

Compensation vs Earnings: Hemant's compensation has been consistent with company performance over the past year.


CEO

Hemant Jalan (68 yo)

25.3yrs
Tenure
₹24,000,000
Compensation

Mr. Hemant Kamala Jalan is Independent Director of BSL Limited from November 6, 2023. He is Chairman since December 19, 2020 and Managing Director at Indigo Paints Limited. He is Director at Indigo Paints...


Leadership Team

NamePositionTenureCompensationOwnership
Hemant Jalan
Chairman & MDno data₹24.00m28.85%
₹ 14.8b
Chetan Humane
Chief Financial Officer4.3yrs₹5.87m0.015%
₹ 7.9m
Surendra Thundiyil
Chief Operating Officerno data₹10.39mno data
Narayanankutty Venugopal
Executive Director9.3yrs₹16.59m0.021%
₹ 10.8m
Pavan Sharma
General Manager of Technicalno datano datano data
Srihari Santhakumar
Head of Investor Relations & Deputy GM of Financeno datano datano data
Sayalee Yengul
Company Secretary & Compliance Officerless than a yearno datano data
4.3yrs
Average Tenure
50.5yo
Average Age

Experienced Management: INDIGOPNTS's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hemant Jalan
Chairman & MD25.3yrs₹24.00m28.85%
₹ 14.8b
Narayanankutty Venugopal
Executive Director9.3yrs₹16.59m0.021%
₹ 10.8m
Ravi Nigam
Non-Executive Independent Director6.3yrs₹1.50mno data
Sunil Goyal
Non-Executive Independent Director10.6yrs₹1.50m0.00063%
₹ 323.9k
Abhay Pandey
Non-Executive Independent Director10.8yrsno datano data
Praveen Ramniranjan Tripathi
Non-Executive Independent Director10.6yrs₹1.50m0.00063%
₹ 323.9k
Ashwini Deshpande
Non-Executive Independent Director2.1yrs₹1.13mno data
Parag Jalan
Non-Executive Director1.1yrsno data10.86%
₹ 5.6b
10.0yrs
Average Tenure
65yo
Average Age

Experienced Board: INDIGOPNTS's board of directors are considered experienced (10 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/01 01:52
End of Day Share Price 2025/05/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Indigo Paints Limited is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sachin BobadeDolat Capital Market Pvt. Ltd.
Gaurang KakkadHaitong International Research Limited
Manoj MenonICICI Securities Ltd.